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SWITZERLAND/CHINA - UBS Global Asset Management has become the latest firm to take advantage of China's potentially massive fund management market.

GERMANY - Fund managers are cautiously upbeat on equities, according to a new Handelsblatt survey of leading German, European and international funds.

GERMANY - Commerbank has pulled plans to sell its troubled Jupiter fund management operation because of unfavourable market conditions.

GERMANY - Investor confidence has plummeted to new lows, according to the latest survey from the Mannheim-based Centre for European Economic Research, (Zentrum für Europäische Wirtschaftsforschung, ZEW).

GERMANY - German insurance and banking group Allianz saw its fund management operations lose E71bn during the first half of the year.

SWITZERLAND - Swiss pension funds are increasing exposure to indirect property investments, although few are looking outside of Europe despite a push from fund managers.

AUSTRIA - A number of investors are paying above the odds for hedge fund managers who are offering the same returns as money market funds, according to one Austrian pension scheme.

SWITZERLAND - Swiss Life is planning to offer a manager-of-manager product to the Swiss pension fund market at a time when more players are entering the market.

SWITZERLAND - Pictet Asset Management is aiming to launch absolute return products into the institutional market by the end of this year in order to tap Swiss pension funds' growing interest in hedge funds.

SWITZERLAND - Leading players in the Swiss institutional asset management industry have hit out at consultants exporting their manager-of-manager models into Switzerland.